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Changes in Equity - Summary of Changes in Accumulated Other Comprehensive Loss (Detail) - USD ($)
$ in Thousands
3 Months Ended
Aug. 31, 2020
Aug. 31, 2019
Accumulated Other Comprehensive Income Loss [Line Items]    
Balance $ 966,433 $ 948,394
Income tax effect (107) 395
Balance 1,529,900 907,441
Foreign Currency Translation    
Accumulated Other Comprehensive Income Loss [Line Items]    
Balance (9,142) (19,639)
Other comprehensive income (loss) before reclassifications 7,608 (3,714)
Reclassification adjustments to income 0 8,496 [1]
Income tax effect 700 0
Balance (834) (14,857)
Pension Liability Adjustment    
Accumulated Other Comprehensive Income Loss [Line Items]    
Balance (21,886) (17,856)
Other comprehensive income (loss) before reclassifications 488 62
Reclassification adjustments to income 0 1,242 [1]
Income tax effect (116) (291)
Balance (21,514) (16,843)
Cash Flow Hedges    
Accumulated Other Comprehensive Income Loss [Line Items]    
Balance (4,189) (5,969)
Other comprehensive income (loss) before reclassifications 385 (5,659)
Reclassification adjustments to income 2,868 2,334 [1]
Income tax effect (691) 686
Balance (1,627) (8,608)
Accumulated Other Comprehensive Loss, Net of Tax    
Accumulated Other Comprehensive Income Loss [Line Items]    
Balance (35,217) (43,464)
Other comprehensive income (loss) before reclassifications 8,481 (9,311)
Reclassification adjustments to income 2,868 12,072 [1]
Income tax effect (107) 395
Balance $ (23,975) $ (40,308)
[1]

 

(a)  The statement of earnings (loss) classification of amounts reclassified to income include:

(1)  Foreign currency translation – result of $7,454,000 related to the sale of the cryogenics business in Turkey; and $1,042,000 related to the impairment of Nisshin, the Company’s former joint venture in China.

(2)  Pension liability adjustment – result of the settlement of certain participant balances within the pension plan maintained by WAVE.

(3)  Cash flow hedges – disclosed in “NOTE P – Derivative Instruments and Hedging Activities”.